Canadian Life Companies Split Corp.
TSX : LFE
TSX : LFE.PR.A

Canadian Life Companies Split Corp.

December 18, 2009 09:00 ET

Canadian Life Companies Split Corp.: Regular Monthly Dividend Declaration for Class A and Preferred Shares

TORONTO, ONTARIO--(Marketwire - Dec. 18, 2009) - Canadian Life Companies Split Corp. ("CLC Split") declares its regular monthly distribution of $0.10 for each Class A share ($1.20 annually) and $0.04375 for each Preferred share ($0.525 annually). Distributions are payable January 8, 2010 to shareholders on record as of December 31, 2009.

Since inception Class A shareholders have received a total of $4.90 per share and Preferred shareholders have received a total of $2.47 per share inclusive of this distribution, for a combined total of $7.37.

CLC Split invests in a portfolio of four publicly traded Canadian life insurance companies as follows: Great- West Life, Industrial Alliance, Manulife Financial and Sun Life Financial. Shares held within the portfolio are expected to range between 10-30% in weight but may vary at any time.

Distribution Details:  
   
Class A Share (LFE)                        $0.10000
   
Preferred Share (LFE.PR.A)                        $0.04375
   
Ex-Dividend Date:                        December 29, 2009
   
Record Date:                        December 31, 2009
   
Payable Date:                        January 8, 2010

 

Contact Information

  • Canadian Life Companies Split Corp.
    Investor Relations
    416-304-4443 or Toll Free: 1-877-4-Quadra (1-877-478-2372)
    www.lifesplit.com